The calculations of basic and diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders for the years ended December 31, 2012, 2011 and 2010 are described and presented below.


	For the Years Ended December 31,
	2012			2011			2010
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income from continuing operations attributable to Evercore Partners Inc.	$	28,889		$	7,918		$	9,471
Associated accretion of redemption price of noncontrolling interest in Trilantic (See Note 15)		(84	)		(84	)		(74	)

Net income from continuing operations attributable to Evercore Partners Inc. common shareholders		28,805			7,834			9,397
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		—			(966	)		(517	)

Net income attributable to Evercore Partners Inc. common shareholders	$	28,805		$	6,868		$	8,880

Denominator:
Weighted average shares of Class A common stock outstanding, including vested restricted stock units (“RSUs”)		29,275			26,019			19,655
Basic net income per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.98		$	0.30		$	0.47
Basic net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		—			(0.04	)		(0.02	)

Basic net income per share attributable to Evercore Partners Inc. common shareholders	$	0.98		$	0.26		$	0.45

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income from continuing operations attributable to Evercore Partners Inc. common shareholders	$	28,805		$	7,834		$	9,397
Noncontrolling interest related to the assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above		(a	)		(a	)		(a	)

Diluted net income from continuing operations attributable to Class A common shareholders		28,805			7,834			9,397
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		—			(966	)		(517	)

Diluted net income attributable to Class A common shareholders	$	28,805		$	6,868		$	8,880

Denominator:
Weighted average shares of Class A common stock outstanding, including vested RSUs		29,275			26,019			19,655
Assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
Additional shares of the Company’s common stock assumed to be issued pursuant to non-vested RSUs and deferred consideration, as calculated using the Treasury Stock Method		2,386			1,903			1,892
Assumed conversion of Warrants issued		887			1,475			1,421

Diluted weighted average shares of Class A common stock outstanding		32,548			29,397			22,968

Diluted net income per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.89		$	0.27		$	0.41
Diluted net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		—			(0.04	)		(0.02	)

Diluted net income per share attributable to Evercore Partners Inc. common shareholders	$	0.89		$	0.23		$	0.39

(a)

During the years ended December 31, 2012, 2011 and 2010, the LP Units (which represent the right to receive Class A Shares upon exchange) were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders. The units that would have been included in the computation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 8,695, 10,356 and 13,724 for the years ended December 31, 2012, 2011 and 2010, respectively.